(TheNewswire)
Vancouver, B C - TheNewswire - January 20, 2023 - DeepRock Minerals Inc. (“DeepRock” or the “Company”)(CSE Symbol: “DEEP”), announces today that it intends to extendthe expiry date of an aggregate of 14,000,00 common share purchase warrants (the “Warrants” ) by 12 months to February 4,2024 (the “ WarrantExtension ”). The Warrants were issued pursuantto a private placement which closed on February 4, 2021, and arecurrently set to expire on February 4, 2023. Each Warrant entitles theholder thereof to acquire one common share of the Company at a priceof $0.06 per common share. Of the 14,000,000 Warrants outstanding, 5,160,000 are held byinsiders of the Company. All other terms of the Warrants, includingthe exercise price, are to remain unchanged. The Warrant Extension issubject to the approval of the Canadian Securities Exchange.
ON BEHALF OF THE BOARD OFDIRECTORS
Andrew Lee
Chief Executive Officer, Director
andrew@deeprockmineralsinc.com
778-302-2257
Cautionary Note RegardingForward-Looking Statements:
Neither the Canadian Stock Exchangenor its Regulation Services Provider accepts responsibility for theadequacy or accuracy of this release. This news release contains"forward-looking information" including statements withrespect to the future exploration performance of the Company. Thisforward-looking information involves known and unknown risks,uncertainties and other factors which may cause the actual results,performance or achievements of the Company to be materially differentfrom any future results, performance or achievements of the Company,expressed or implied by such forward-looking statements. These risks,as well as others, are disclosed within the Company's filing on SEDAR,which investors are encouraged to review prior to any transactioninvolving the securities of the Company. Forward-looking informationcontained herein is provided as of the date of this news release andthe Company disclaims any obligation, other than as required by law,to update any forward-looking information for any reason. There can beno assurance that forward-looking information will prove to beaccurate and the reader is cautioned not to place undue reliance onsuch forward-looking information.
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